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Crude Oil Ticks Higher As Hormuz Crisis Drags While Trump Signals New Strikes On Iran Are Temporary
Source: Nasdaq
Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsTrade Policy & Supply Chain
Crude oil prices are modestly higher Thursday, as traders unwind earlier gains tied to rising supply disruption concerns linked to a U.S.-Iran re-escalation. The move follows remarks from President Trump that the latest wave of strikes on Iran is only for a limited time, tempering the immediate upside risk to supply.
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